Enjoy $300 as a new Chase checking customer, when you open a Chase Premier Plus CheckingSM account and set up direct deposit. This is our recommended Checking account for the added benefits. Full Review

Get a $750 Welcome Deposit for eligible new customers who open an HSBC Premier checking account with qualifying activities. Limited time only.
Get a $350 Welcome Deposit for eligible new customers who open an HSBC Advance checking account with qualifying activities. Limited time only.
Get a $200 Welcome Deposit for eligible new customers who open an HSBC Choice Checking account with qualifying activities. Limited time only.Member FDIC.

Get up to $350 when you open a new Chase Total Checking® account with Direct Deposit and/or open a new Chase SavingsSM account, deposit $10,000 or more in new money and maintain a $10,000 balance for 90 days. Full Review

Earn $200 when you open a new Chase Total Business Checking® account, deposit $1,000 in new money within 10 business days of account opening, maintain that balance for 60 days and complete five qualifying transactions within 60 days. Full Review

Open a new TD Bank Premier CheckingSM account online to earn a $300 bonus. Or, open a new TD Bank Convenience CheckingSM account online to earn a $150 bonus. Both offers have a direct deposit requirement. Full Review

Earn 25,000 loyalty bonus miles worth $250 each and every year with the Barclays Arrival® Premier World Elite Mastercard® when you spend at least $25,000 during the year. This card earns unlimited miles at the rate of 2 miles per $1 spent on all purchases. See Terms.Full Review

Open an online Money Market Account from CIT Bank (available nationwide) and earn a 1.75% APY rate on all balances. There’s no monthly service charge and the minimum opening deposit is just $100. Full Review

Ally Invest has a promotion where you can earn a cash bonus of $50 to $3500, as well as $500 in commission-free trades for 90 days. Ally Invest is one of the best options for a low-cost stock broker. Full Review

By: Tony Phan | Last Updated: April 14, 2018 | This content is not provided or commissioned by the issuer. Opinions expressed here are author’s alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer. This site may be compensated through the issuer’s Affiliate Program. Please visit our Advertiser Disclosure for additional details.

The Citi Double Cash credit card is currently one of the best cash back credit cards for flexible spending, and there is now a new $100 bonus offer for it. The requirements are standard for a $100 bonus, where you’ll need to spend at least $500 in purchases within the first 3 months of account opening.

Aside from the gratification of a short-term bonus, this card fills the role as a long term, market-leading cash back rate option. You’ll earn 1% cash back on all your purchases, and then another 1% cash back once you pay off those purchases.

There’s no annual fee, so this makes a good choice for low spenders as well as those who are looking to maximize rewards with multiple cards. Competitor cash back cards with no annual fee that earn on flexible spending typically earn 1% to 1.5% (we’ll go over competitors below). *Citibank offers good bonuses for their Checking accounts also.

Citi Double Cash $100 Bonus

This is a new offer for the Citi Double Cash card, as previously there was no sign-up bonus. You’ll earn a $100 bonus after $500 in purchases within the first 3 months of account opening.

It looks like Citi has decided to discontinue the 0% introductory APR on Balance Transfers benefit with this card now, but this new sign-up bonus should entice many.

Meeting The $500 Spending Requirement

Compared to cards with bigger bonuses, a $500 spending requirement should be fairly easy to accommodate. Aside from your regular everyday spending, some popular options can include funding bank account opening deposits with your card and using a 3rd party service like Plastiq.com to pay bills with your card.

Funding bank accounts. Many folks take advantage of this option for Checking accounts that also offer a sign-up bonus. For example, big banks like Chase and TD Bank consistently offer sign-up bonuses for their Checking accounts. They also allow applicants to fund the opening deposit with a credit card. This is a great way to meet the spending requirement for your Citi card bonus while you go through the process of earning a separate Checking bonus. See this list of bank accounts that can be funded with credit cards. Current bank bonuses are updated here.

Pay bills with your card. If you’re the person in charge of paying bills, you know that many only allow payment directly from a Checking account. These bills often include your rent or mortgage. Using a 3rd party service like Plastiq.com, you can use your credit card to pay off such bills. Essentially, you’ll pay Plastiq with your card, and they will send off a check to pay off your bill(s). You’ll just need to consider the 2.5% fee they charge, which can cut a big chunk away from the card bonus.

Read about other great options to meet card bonus spending requirements here.

MoneysMyLife Top Offer Picks

Earn a $200 bonus when you open a new Chase Total Checking® account and set up direct deposit. Also earn a $150 bonus when you open a new Chase SavingsSM account, deposit a total of $10,000 or more in new money within 10 days & maintain a $10,000 balance for 90 days. Apply for both offers and get a $350 total bonus. Full Review

Get $300 when you open a new Chase Premier Plus CheckingSM account and set up direct deposit. This account has more features than the Chase Total Checking® and the monthly service fee can be waived with a few different requirement options. A $300 Checking bonus is one of the best offers from Chase Bank. Full Review

Earn $200 when you open a new Chase Total Business Checking® account, deposit $1,000 in new money within 10 business days of account opening, maintain that balance for 60 days and complete five qualifying transactions within 60 days. This is the most popular Business Checking offer.Full Review

Apply online for a new TD Bank Checking account to earn either a $300 bonus for the TD Premier Checking account ( $2,500 in direct deposits required), or a $150 bonus for the TD Convenience Checking account ($500 in direct deposits required). This is a limited time offer. Full Review

Get a $750 Welcome Deposit for eligible new customers who open an HSBC Premier checking account with qualifying activities. Limited time only.Get a $350 Welcome Deposit for eligible new customers who open an HSBC Advance checking account with qualifying activities. Limited time only.Get a $200 Welcome Deposit for eligible new customers who open an HSBC Choice Checking account with qualifying activities. Limited time only. Member FDIC.Earn up to 25,000 bonus miles worth $250 in travel every year with the Barclays Arrival® Premier World Elite Mastercard®. Without an initial sign-up bonus, this credit card is intended for high spenders looking for a card to carry for the long-term. The card will earn unlimited miles at the rate of 2 miles per $1 spent on all purchases. See Terms. Full Review

The HSBC Cash Rewards Mastercard® has a sign-up bonus of $150 when you spend at least $500 on purchases within the first 3 months of account opening. This credit card will also earn an ongoing 1.5% cash rewards rate on all purchases and has no foreign transaction fees. There is no annual fee with this card. Full Review

CIT Bank is offering a 1.75% APY rate with their Money Market Account for all balances. This account is available online nationwide and consistently offers one of the best rates in the nation. The minimum opening deposit is $100 and there are no fees for opening or maintaining the account. Full Review

Ally Invest is one of the nation's top choices for a low-cost stock broker, and they now have a promotion where you can earn a cash bonus of $50 to $3500, as well as $500 in commission-free trades. Your cash bonus value will depend on your deposit amount made within 60 days of account opening. Full Review

Simple Bank has an offer where you can earn a $20 bonus after opening their free online Checking account that's available nationwide. You'll then be able to earn unlimited $20 referral bonuses. Direct deposit isn't a requirement and all you and your referrals need to do is open a new account and use the Simple Visa debit card to make a first purchase. Full Review

2% Cash Back & More With The Citi Double Cash

You’ll earn 1% cash back on all your purchases, regardless of spending category. Then, once you pay off those purchases, you’ll receive another 1% cash back. If you carry a balance, that extra 1% won’t come right away so it’s a good incentive for responsible credit card usage. Plus, there is no cap on the amount of cash back you’ll receive at the maximum 2% rate. Be sure to pay at least the minimum due to earn the additional 1% cash back if you’re not paying off the balance in full each month.

Earn $100 cash back bonus after $500 in purchases within the first 3 months of account opening.

Earn cash back twice on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.

What Doesn’t Earn Cash Back

It makes total sense but it’s worth mentioning that you won’t earn cash back on balance transfers, cash advances, account fees, interest, or returned items. As you make qualifying purchases, the Purchase Tracker will keep a running tab on what will earn you cash back.

What Are The Cash Back Redemption Options?

Checks mailed to you

Statement credits

Gift cards

This is a cash back card so there is no rewards conversion necessary. The 1-2% that you earn is the value you can redeem for.

Citi’s Price Rewind

This is where you can register the purchases you’ve made with the Double Cash card online and get money back. Citibank will search for these items online at different retailers and will refund the difference if they find a lower price for it within 60 days of purchase. You can be refunded up to $300 per item, up to a maximum of $1,200 in refunds annually.

Late Fee Forgiveness

The first time you forget to pay your monthly credit card bill, Citi will waive the late fee. It should be noted that most credit card issuers will do this for you if you give them a call anyway.

Who’s This Card Good For?

Users that don’t want to keep up with rotating categories and rewards limits on categories.

Users that want to maximize rewards by using this card as a supplement to another card that earns higher cash back in spending categories.

Who’s This Card Bad For?

Users looking for quicker short-term value with a sign-up bonus.

Users wanting the option to redeem for flights, hotels, and other travel.

Users who need a card to travel abroad. The Citi Double Cash will incur a 3% foreign transaction fee, so you’ll definitely need another option.

Users who tend to spend a lot on certain categories that other cards give a higher rate towards, such as Travel, Dining, etc.

What’s The Competition?

Chase Freedom®: This card has been an old favorite for its 5% cash back quarterly rotating categories. For users that want to maximize cash back, it’s a good option to pair with the Citi Double Cash card. Outside of the 5% categories, your purchases will only earn 1%. Of course, the $150 sign-up bonus is what seals the deal with this card.

Capital One® Quicksilver® Cash Rewards: This is another great option that earns 1.5% cash back on every purchase, with no limit. It also comes with a $100 cash bonus and is a solid alternative to the Citi Double Cash.

Barclays Arrival®Premier World Elite Mastercard®: If you’re high spender looking for a straightforward long-term option, this card let’s cardholders earn up to $250 worth of bonus miles every year, rather than just a single initial sign-up bonus. You’ll earn an ongoing rate of 2 miles per $1 spent on all purchases regardless of category, or 2% back when redeemed for travel.

Chase Freedom®

The Chase Freedom® credit card is going to earn you a $150 bonus after you spend $500 on purchases in the first 3 months from account opening. You can also earn another $25 bonus when you add your first authorized user and make your first purchase within this same 3 month period. People like this card because it earns 5% cash back on up to $1,500 in combined purchases in bonus categories that change every quarter. The downside is you have to keep up with the quarterly categories, and activate the category each quarter before you can earn the 5%. You'll earn 1% cash back on all other purchases.There's also a 0% intro APR for 15 months from account opening on both Purchases and Balance Transfers. After the intro period, a variable APR will take over. The Balance transfer fee is 5% of the amount transferred with a minimum of $5. Many people have this as a supplemental card to use specifically on the 5% category spending, and use other other cards when it's more beneficial. The categories change each quarter, but historically they have included things like gas stations, grocery stores, and holiday shopping. There's no annual fee to be concerned with, so it fits well with such a strategy. Full Review

Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening

Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate

Unlimited 1% cash back on all other purchases — it's automatic

0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR. Balance transfer fee is 5% of the amount transferred, $5 minimum

Enjoy new 5% categories every 3 months

Cash Back rewards do not expire as long as your account is open

No annual fee

The information related to this card has been collected by MoneysMyLife and has not been reviewed or provided by the issuer of this card.

The Capital One® Quicksilver® Cash Rewards card will earn a $150 bonus when you spend $500 on purchases within the first 3 months.The bonus offer is comparable to its top competitors, but this card earns a respectable 1.5% cash back on every purchase with no limit on how much you can earn. There are no spending categories to keep up with.

There's a 0% introductory APR on both Purchases and Balance Transfers for the first 9 months with this card. After the introductory period, the rate will be a variable 13.99%-23.99% APR. The Balance Transfer fee is 3% on the amounts transferred within the first 9 months. People like this card because of the cash back rate, the flexibility to redeem your cash back for any amount, and there's no annual fee. Full Review

One-time $150 cash bonus after you spend $500 on purchases within 3 months of approval

Earn unlimited 1.5% cash back on every purchase, every day

No rotating categories or sign ups needed to earn cash rewards; plus, cash back doesn't expire and there's no limit to how much you can earn

0% intro APR on purchases for 9 months; 13.99%-23.99% variable APR after that

Balance transfers also have a 0% intro APR for 9 months; 13.99%-23.99% variable APR after that; a 3% fee applies to each balance transferred

The Barclays Arrival®Premier World Elite Mastercard®doesn't have an initial sign-up bonus offer. This card is targeted to high spenders that plan on carrying a good travel card for the long term. Instead of a bonus available upon account opening, cardholders are able to earn 25,000 loyalty bonus miles each and every year that they spend at least $25,000 in purchases. These 25,000 bonus miles are worth $250 in travel credits. The card also earns unlimited miles at the rate of 2 miles per $1 spent on all purchases regardless of category. With the miles earning rate taken into account, spending $25,000 a year will net you 75,000 miles worth $750 in travel credits, and you'll be able to earn that amount yearly.As expected with any good travel card, there are no foreign transaction fees to be concerned with and you'll get the higher worldwide acceptance of a Mastercard, which is nearly equivalent to that of Visa and much better than Discover or American Express. If you're not a high spender who travels often, this likely will not be a suitable card option for your needs. Full Review

Get up to $350 when you open a new Chase Total Checking® account with Direct Deposit and/or open a new Chase SavingsSMaccount, deposit $10,000 or more in new money and maintain a $10,000 balance for 90 days.

Get a $750 Welcome Deposit for eligible new customers who open an HSBC Premier checking account with qualifying activities. Limited time only.

Get a $350 Welcome Deposit for eligible new customers who open an HSBC Advance checking account with qualifying activities. Limited time only.

Get a $200 Welcome Deposit for eligible new customers who open an HSBC Choice Checking account with qualifying activities. Limited time only.

Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC. The information, including rates and fees, presented in the review is accurate as of the date of the review. Please refer to issuer website and application for the most current information. We may be paid for the content on this site.

Enjoy $300 as a new Chase checking customer, when you open a Chase Premier Plus CheckingSM account and set up direct deposit.

About Tony Phan

*These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Get Email Updates!

E-Mail Address

Enjoy $300 as a new Chase checking customer, when you open a Chase Premier Plus CheckingSM account and set up direct deposit. This is our recommended Checking account for the added benefits. Full Review

Get a $750 Welcome Deposit for eligible new customers who open an HSBC Premier checking account with qualifying activities. Limited time only.
Get a $350 Welcome Deposit for eligible new customers who open an HSBC Advance checking account with qualifying activities. Limited time only.
Get a $200 Welcome Deposit for eligible new customers who open an HSBC Choice Checking account with qualifying activities. Limited time only.Member FDIC.

Get up to $350 when you open a new Chase Total Checking® account with Direct Deposit and/or open a new Chase SavingsSM account, deposit $10,000 or more in new money and maintain a $10,000 balance for 90 days. Full Review

Earn $200 when you open a new Chase Total Business Checking® account, deposit $1,000 in new money within 10 business days of account opening, maintain that balance for 60 days and complete five qualifying transactions within 60 days. Full Review

Open a new TD Bank Premier CheckingSM account online to earn a $300 bonus. Or, open a new TD Bank Convenience CheckingSM account online to earn a $150 bonus. Both offers have a direct deposit requirement. Full Review

Earn 25,000 loyalty bonus miles worth $250 each and every year with the Barclays Arrival® Premier World Elite Mastercard® when you spend at least $25,000 during the year. This card earns unlimited miles at the rate of 2 miles per $1 spent on all purchases. See Terms.Full Review

Open an online Money Market Account from CIT Bank (available nationwide) and earn a 1.75% APY rate on all balances. There’s no monthly service charge and the minimum opening deposit is just $100. Full Review

Ally Invest has a promotion where you can earn a cash bonus of $50 to $3500, as well as $500 in commission-free trades for 90 days. Ally Invest is one of the best options for a low-cost stock broker. Full Review

*Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card and banking companies from which MoneysMyLife.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MoneysMyLife.com does not include all credit card and banking companies or all available credit card and banking offers. • This content is not provided or commissioned by the bank advertiser. Opinions expressed here are author’s alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program.